As a leading project in the oracle field, Chainlink is worth a re-examination. Many people may not be very familiar with the concept of oracles—simply put, it is the bridge connecting the blockchain world with real-world data, an essential infrastructure.

From the market evolution over the past few years, each wave of market activity has given rise to new narratives: from the metaverse to inscriptions, from NFTs to RWA, now it's the turn of oracles. This track is very likely to become the next hot spot for explosion.

Looking at the monthly chart, this project has been oscillating at high levels for a long time. It has been nearly 9 years since launch, and has never experienced a sustained large decline. The gains during previous bull markets have also been quite good. The key now is to wait for that ignition point to appear.

But the reality is that the current price is still relatively high. Considering that we are still in a bear market, there is no rush to buy in. If it can drop another 20 to 30%, it would reach a more ideal position for deployment, allowing for phased entry.